Oscar Watch: How Does Success of Gravity Alter Race?

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Gravity broke records at the box office this past weekend, scoring $56 million and setting an earnings high for the month of October. It is astounding for several reasons, most notably because this is a month normally reserved for high box office numbers for horror movies as we lead up to the Halloween holiday. The film it surpassed was Paranormal Activity 3! But, what does its financial and critical success (check out our five-star Gravity review) mean for its Oscar chances?

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